Ask a Lender
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2nd November 2018
Rent-to-own homes: Are they a good idea? | Ask a Lender
Kathy Haan purchased her home in Denver, Iowa, through a rent-to-own agreement. But it wasn’t an easy — or painless — process.
“For us, it was a way to get our foot in the door and purchase a home,” she said. “But in looking back on the situation, there’s so many things I would have changed. Meeting with my lawyer recently, he said, ‘This was not a good deal for you.’”